After $5M investment, Here wants to be everywhere people vacation
The company facilitates fractional investment in short-term rentals and vacation properties, and makes it possible for anyone to invest in them as they would individual stocks
by Craig C. Rowe Jul 13
Engel & Völkers announces mega Utah expansion with 3 new markets
The expansion encompasses a total of 4 new shops across the Holladay, Kamas and St. George/Snow Canyon markets and will add 50 agents to the Engel & Völkers network
by Lillian Dickerson Jul 12
Pacaso aims to make co-ownership more familial with UrbanSitter deal
The web-based service will empower Pacaso owners to confidently arrange and pay for vetted care providers in the array of luxury markets where the app is operating
by Craig C. Rowe Jun 15
Serhant, Altman brothers highlight launch of Pacaso Agent Collective
'The luxury second home market is known for having homes sitting vacant most of the year, which isn’t efficient, enjoyable or sustainable' — Ryan Serhant
by Craig C. Rowe Jun 1
It looks like the pandemic vacation-home boom is coming to an end
Demand for vacation homes dropped sharply in March — the second straight month a decline was recorded as mortgages ramped up above 5%, according to an analysis by Redfin on Monday
by Ben Verde Apr 11
Pacaso, Engel & Völkers partner to formalize co-ownership model
The international brokerage, based in Germany, will not be an exclusive listing agent for Pacaso. The union instead formalizes the marketing of Pacaso's available home shares to qualified Engel & Völkers clients
by Craig C. Rowe Mar 31
London Calling: Shares in Mayfair luxury penthouse now available from Pacaso
"On the British Monopoly board, the two most desirable and expensive spots are 'Park Lane' and 'Mayfair.' This stunning Mayfair penthouse duplex apartment will demonstrate exactly why it’s up there right at the top." - Pacaso
by Craig C. Rowe Mar 25
Pacaso enters Arizona with first home in mountainous Cave Creek
The platform has acquired its first luxury property in Arizona, a 4-bedroom, 4-and-a-half-bathroom home in Cave Creek, a popular desert resort community north of Scottsdale
by Craig C. Rowe Mar 16
Second-home market hit hard as demand jumps for primary homes
As mortgage rates inched higher, demand for second homes dropped precipitously in February, hitting its lowest level in nearly two years, according to data released Tuesday from Redfin
by Lillian Dickerson Mar 15
Second-home platform Pacaso enters island time with Maui buy
Pacaso is making available 1/2 to 1/4 shares of the Maui home, which will be operated by a team of local service providers
by Craig C. Rowe Mar 2
Ember lands $17.4M to go head-to-head with Pacaso
The Salt Lake City-based proptech startup is focusing on 20 markets in 10 states, including Utah, Oregon, New Mexico, Texas and California
by Matt Carter Feb 24
Get creative or go condo: 4 ways to score a win for luxury homebuyers 
Sotheby's International Realty outlined what's ahead for luxury consumers in its latest annual outlook, and how a shift in perspective can help buyers get ahead
by Marian McPherson Feb 18
Demand for vacation homes now outpacing primary homes: Redfin
Vacation-home demand is the highest it's been in a year and just below a record 90% gain in demand tallied in September 2020, according to data released Thursday by Redfin
by Lillian Dickerson Feb 10
Vacation home sales tally Q4 2021 rebound: Pacaso
Of the 50 counties tracked in a new study released Thursday by Pacaso, 43 showed double-digit price growth in second-home prices in the fourth quarter of 2021
by Craig C. Rowe Jan 27